skip to main content

Pick-up in euro zone prices confirmed

Annual inflation increased across continental Europe in December, official figures confirmed today, well up on the previous month's rise which itself ended a run of falling prices.

Consumer prices in the 16 euro zone countries climbed by 0.9% from a year earlier, according to figures from the Eurostat data agency, confirming an initial estimate.

That was an increase from the 0.5% rate in November, which marked the first time that prices, on a 12-month basis, had risen since April.

Meanwhile, separate figures showed that the euro zone's trade surplus with the rest of the world fell to €4.8 billion in November. The October surplus was a revised €6.6 billion.